1/231 Bay Road, Sandringham

Sandringham VIC 3191

The size of Sandringham is approximately 3.7 square kilometres. It has 17 parks covering nearly 17.5% of total area. The population of Sandringham in 2011 was 9,309 people. By 2016 the population was 10,234 showing a population growth of 9.9% in the area during that time. The predominant age group in Sandringham is 40-49 years. Households in Sandringham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sandringham work in a professional occupation. In 2011, 74.7% of the homes in Sandringham were owner-occupied compared with 71% in 2016.

Sandringham has 6,229 properties. Over the last 5 years, Houses in Sandringham have seen a 19.13% increase in median value, while Units have seen a 10.82% increase. As at 31 October 2024:

• The median value for Houses in Sandringham is $2,279,952 while the median value for Units is $825,550.
• Houses have a median rent of $1,000 while Units have a median rent of $610.